IDBI Assistant Manager Grade-A Recruitment 2019: 600 Vacancies

IDBI Assistant Manager Grade-A Recruitment 2019: 600 Vacancies

IDBI Bank invites applications from young, dynamic graduates for admissions to Manipal School of Banking, Bengaluru for 1 year Post Graduate Diploma in Banking and Finance (PGDBF) comprising of 9 months of classroom studies at MGES, Bengaluru and 3 months Internship at IDBI Bank’s Branches.

For which, the Industrial Development Bank of India (IDBI) published a Recruitment Notification for the Admissions to Manipal School of Banking -2019-20. The Candidates who are Interested to join IDBI Bank via Manipal School of Banking are advised to apply online on or before 3rd July, 2019.

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Important Dates – IDBI Assistant Manager PGDBF Jobs 2019

Starting Date to apply Online & payment of fee: 23-06-2019

Last Date to Apply Online & payment of fee: 03-07-2019

Admit Card Date: 13-07-2019

Tentative Date of Online Test: 21-07-2019

PGDBF Course Details – IDBI Assistant Manager PGDBF Jobs 2019

Course Duration: 9 Months

Programme Fees

Programme fees for this Course will be Rs. 3,50,000/- (Rs. Three lakh fifty thousand only) plus GST, as applicable, to be paid by the students in instalments as per a fixed schedule during the 1-year programme ( inclusive of course fees, lodging, boarding and other fees, etc.)

Financing / Loan Options

Selected candidates can finance the course fees by availing Education Loan, if they so desire, which will be granted by IDBI Bank as per its existing education loan scheme

Career Prospects and Emoluments

Stipend (during the training): During the Training Period (9 Months) – Rs. 2,500/- per month during the Internship Period (3 Months) – Rs. 10,000/- per month.

After the successful completion of the PGDBF course, the candidates will be awarded PGDBF from Manipal University and will be inducted into IDBI Bank as Assistant Manager Grade ‘A’ subject to fulfilment of eligibility criteria as stated in this advertisement.

Post & Vacancy Details – IDBI Assistant Manager PGDBF Jobs 2019

Pay Scale: The extant Basic Pay applicable to Assistant Managers in Grade A is Rs. 23,700/- per month in the pay scale of Rs. 23700-980(7)-30560-1145(2)-32850-1310(7)-42020 (17 years).

The pay scales, allowances, reimbursements, perquisites and other terms subsisting at the time of joining and as may be modified / amended / revised from time to time would be applicable as per rules in force from time to time.

Eligibility: Age Limit – IDBI Assistant Manager PGDBF Jobs 2019

Minimum Age: 21 Years

Maximum Age: 28 Years

i.e. as on 01-06-2019, a candidate must have been born not earlier than 02.06.1991 and not later than 01.06.1998 (both dates inclusive)

Relaxation in maximum age to SC/ST/OBC/PWD/Ex-Servicemen as per Government guidelines

Bank Transaction charges / convenience charges for Online Payment of fees/ postal charges will have to be borne by the candidate

Note: of system-generated hard copy of the application form and preserve the same for submission at the time of personal interview, along with fee payment e-receipt and the documents required in support of the eligibility criteria.

Selection Process – IDBI Assistant Manager PGDBF Jobs 2019

The selection process will comprise of Online Test followed by personal interview of the candidates, who have qualified in the online test.

Online Exam Pattern – IDBI Assistant Manager PGDBF Jobs 2019

The online test will be objective in nature. The details of the same are furnished here under.

S. No

Name of the Test

No. Of Questions

Maximum Marks

Duration

1

Logical Reasoning, Data Analysis & Interpretation

60

60

Composite time of 2 hours

2

English Language

40

40

3

Quantitative Aptitude

40

40

4

General / Economy / Banking Awareness

60

60

Penalty for Wrong Answers: For each question for which a wrong answer has been given by the candidate, one fourth or 0.25 of the marks assigned to that question will be deducted as penalty to arrive at corrected score. If a question is left blank, i.e. no answer is marked by the candidate; there will be no penalty for that question.